The Swiss franc appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the CHF 1.0515 level and was capped around the CHF 1.0645 level. The pair established a new multi-decade low. Data released in Switzerland today saw the number of employed persons in Switzerland rise 2.7% y/y in Q4 2007. U.S. dollar offers are cited around the CHF 1.0635 level. The euro and British pound depreciated vis-à-vis the Swiss franc as the crosses tested bids around the CHF 1.5975 and CHF 2.0925 levels, respectively.